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Results of his work had a big influence on the control and decision theory.
This was a novel approach compared to traditional decision theory.
As an economist he made contributions to decision theory, monetary policy and other areas.
These can be analyzed in terms of decision theory, using concepts like utility.
Descriptive decision theory looks at the way decisions are taken in real life, and tries to improve the process.
Bayesian decision theory can be used in looking at pricing decisions.
In statistics, decision theory, and some economic models, a loss function plays a similar role.
This article is about the mathematical definition of risk in statistical decision theory.
One application of membership functions is as capacities in decision theory.
In the Bayesian approach to decision theory, the observed is considered fixed.
Minimax is a strategy in decision theory and related disciplines.
Using Bayesian decision theory to design a computerized mastery test.
Bayesian decision theory can be applied to all four areas of the marketing mix.
Decision theory usually picks the best decision by looking at the consequences each way to decide might have.
In most cases, decision theory is normative and prescriptive.
His results have been applied in robotics, computer graphics, decision theory, and sensors.
Today it is a much debated problem in the philosophical branch of decision theory but has received little attention from the mathematical side.
After all, this paradigm has dominated the scene in classical decision theory for well over sixty years now.
It is an important concept in decision theory.
This area represents the heart of decision theory.
A highly controversial issue is whether one can replace the use of probability in decision theory by other alternatives.
As a philosopher, Jeffrey specialized in epistemology and decision theory.
First, Ward is the founder of behavioral decision theory.
One such attempt is based on info-gap decision theory.
Since the proposer's outcome depends only on his own actions, this situation is one of decision theory.